The Russian gas pipeline “Nord Stream” is 99% complete and has...

  The cost of the line is 11 billion dollars and is expected to enter service before the end of this year (Getty)

The operating company confirmed For the Russian gas pipeline "Nord Stream 2"And today, Wednesday, that its construction is 99% complete, after a media report that work on the project, led by Russia and criticized by the United States, is expected to be completed on August 23.

After the report was released, it declined natural gas prices In Europe, the news platform “Deutsche Welle” reported, without providing sources, that the construction of the pipeline is scheduled to be completed on August 23.

But Nord Stream 2 AG, which is based in Switzerland, declined to give a possible completion date, but said that the Russian pipeline-laying vessel Fortuna was working on the final part of the pipeline construction.

Reuters referred to an interview conducted by the economic newspaper “Handelsblatt” last month with its chief executive Matthias Warnig, who said that the pipeline that will transport Russian gas to Germany will be completed in late August and enter service this year.

Russian President Vladimir Putin and German Chancellor Angela Merkel are due to meet in Moscow on Friday and are likely to discuss a pipeline that Washington says will increase Europe’s dependence on Russian gas.

On the second of this month, the Chairman of the Foreign Relations Committee in the US Senate and his counterparts in several European parliaments issued a statement today, Monday, opposing the recent approval of Washington and Germany to allow the completion of the Nord Stream 2 gas pipeline that passes under the sea.

“We view Nord Stream 2 as a geopolitical project aimed at expanding Russia’s influence in Europe by dominating the energy market,” Democratic Senator Bob Menendez said in the joint statement with his counterparts from Estonia, the Czech Republic, Ireland, Latvia, Poland, Ukraine, Britain and Lithuania.

Last month, US President Joe Biden and Chancellor Angela Merkel reached an agreement that allows to proceed with the completion of the pipeline that will transport Russian gas to Germany.

Ukraine has long opposed the $11 billion pipeline, because it would give Moscow the theoretical option to stop gas transiting through Ukraine, which would deprive Kiev of lucrative billions of dollars in transit fees.

(Reuters, The New Arab)

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